Mar 3, 2022 | GTA Market News, Uncategorized
TORONTO, ONTARIO, March 3, 2022 – February home sales were down compared to the all-time record in 2021, but represented the second-best result for the month of February in history. New listings dropped, but by a marginally lesser annual rate than sales, pointing to a...
Oct 6, 2021 | Uncategorized
TIGHT GTA HOUSING MARKET CONDITIONS SUSTAIN STRONG PRICE GROWTH TORONTO, ONTARIO, October 5, 2021 – September marked the transition from the slower summer market to the busier fall market in the Greater Toronto Area (GTA). Every year, we generally see an uptick in...
Jul 6, 2021 | GTA Market News, Uncategorized
TORONTO, ONTARIO, July 6, 2021 – June home sales were up compared to last year, but remained below the March 2021 peak and were lower than the number of transactions reported for May 2021, consistent with the regular seasonal trend. The average selling price in June...
May 21, 2021 | Mortgage Information, Uncategorized
Today the Office of the Superintendent of Financial Institutions (OSFI) announced it will move forward with a proposed new qualifying rate for uninsured mortgages, reinforcing the mortgage underwriting principles outlined in Guideline B-20. As of June 1, 2021, the...
Feb 11, 2021 | Uncategorized
GTA REALTORS® RELEASE JANUARY 2021 STATS January 2021 home sales amounted to 6,928 – up by more than 50 per cent compared to January 2020. This strong start to 2021 included sales growth across all major segments including condominium apartments, both in the City of...
Jan 7, 2021 | Uncategorized
RECORD DECEMBER HOME RESALES AND NEW RECORD IN 2020 AVERAGE SELLING PRICE TORONTO, ONTARIO, January 6, 2021 – Despite an unprecedented year due to COVID-19, including necessary public health restrictions and uncertainty surrounding the economy, Greater Toronto Area...
